Press release
High Performance Plastics Industry Analysis 2024– Worldwide Size, Share, Analysis, Trend & Future Growth
Global High Performance Plastics Market 2024
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Definition of Global High performance Plastics Market
High performance plastic is playing the vital role in various sectors especially in automotive industry because of its light weightiness. The light weight of plastics makes for more fuel efficient vehicles. Moreover it deals with minimal corrosion, allowing for longer vehicle life. Growing use of HPPS in automotive and aerospace industries may act as the major driver in the growth of high performance plastics market. High competition from hybrid polymers and composites may hamper the market. It is widely applicable in transportation, medical, industrial, electrical & electronics.
Market Drivers of Global High performance Plastics Market
• Growing use of HPPS in automotive and aerospace industries
• Replacement of conventional materials by HPPS
• Improving economic conditions
• High cost of HPPS in comparison to other conventional materials
• High competition from hybrid polymers and composites
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Segmentation of Market
Global High performance Plastics Market by Type (Fluoropolymers (FPS), HPPA, Polyphenylene Sulfide, Liquid Crystal Polymers, Polyimides); End-use (Transportation, Medical, Industrial, Electrical & Electronics); Geography (North America, Europe, Asia-Pacific, Europe, South America, Middle East and Africa) – Industry Trends and Forecast to 2024
The global high performance plastics market is segmented on the basis of type into fluororpolymers (FPS), HPPA, polyphenylene sulfide, liquid crystal polymers, and polyimides. The fluororpolymers (FPS) is sub segmented into PTFE, PVDF, FEP, fluoroelastomers, other fluoropolymers. The HPPA segment is sub segmented into Polyamide 11, Polyamide 12, Polyamide 9T, Polyamide 46, Polyphthalamide, and Polyacrylamide.
The polyphenylene sulfide segment is further sub segmented into sulfone polymers, polysulfone, polyethersulfone, and Polyphenylsulfone. The liquid crystal polymers segment is further sub segmented into aromatic ketone polymers, polyether ether ketone, polyether ketone, and polyether ketone. The polymides segment is further sub segmented into polyether-imide, polyamide-imide, and polyester-imide
On the basis of end-use, the global high performance plastics market is segmented into transportation, medical, industrial, electrical & electronics, and others. The transportation segment is sub segmented into automotive, and aviation. The medical segment is sub segmented into pharmaceutical & biotechnology, surgical equipment, diagnostic, therapeutic system, and dental. The industries segment is sub segmented into oil & gas, power plants, and water treatment. The electrical and electronics segment is sub segmented into telecommunication, semiconductors, electronic components, display, and defense electronics. The others segment is sub segmented into defense, and building & construction.
On the basis of geography, the global high performance plastics market report covers data points for 28 countries across multiple geographies such as
• North America,
• South America,
• Europe,
• Asia-Pacific
• Middle East & Africa.
Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others.
Market Players of Global High performance Plastics Market
• Daikin Industries, Ltd.,
• Celanese Corporation,
• Solvay,
• BASF SE,
• Arkema Group Social Media Hub,
• EVONIK,
• KURARAY CO., LTD.,
• DuPont,
• Victrex plc,
• SABIC,
• SEKISUI CHEMICAL CO., LTD.,
• Saint-Gobain Performance Plastics,
• Quadrant Group Limited,
• TriStar Plastics Corp.
• Among others.
Read more about Report Visit @ http://databridgemarketresearch.com/reports/global-high-performance-plastics-market/
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